Tag: developed the blockchain technology

Serge Belamant is an entrepreneur with a long history in the banking and financial industry. He invented a debit card system that is used today by millions. This system is one that is continuing to grow. This debit card system is known as the blockchain technology.

This blockchain technology allows users to swipe their debit card at a Point of Sale (POS) transaction and the POS system does not need to be connected to a network at the time of the sale. He was born in France to a man who moved him to South Africa when he was just a teenager.

Serge Belamant went to high school in South Africa. He excelled in sports. His main sport was Rugby, but he also played Chess. When he was finished with high school he went to college. During college, he changed his major from engineering to computer science and applied math. While he studied hard, he did not finish his studies. He contemplated switching his major again. This would have entailed repeating courses he had already passed. He decided to withdraw from his studies.

Serge Belamant spent his career as a computer programmer for many companies. One of these companies was IBM. This is how he developed the blockchain technology that would change the world. He has developed this and the company he worked for did not accept the technology. Afterward, he broke off on to his own and formed a company called Net1.

Serge Belamant was the founder and Chief Operating Officer (CEO) of Net1. He held the position of CEO until 2017 when he decided to retire. While developing technology and coding for these companies he moved to the United States. He currently resides in the United States.

In conclusion, this article discussed Serge Belamant and his technology that was developed in the late 1980s and early 1990s. The article discussed his education and career. When we concluded we discussed the Net1 company which he founded in the early 1990s. When it first began it was met with ridicule and no one wanted to work with him. However, in 1995 this all began to change.